Gas Prices Drop Slightly

Gas prices in Southern California fell by as much as two cents in some regions compared to the prior week period, according to the Automobile Club of Southern California’s Weekend Gas Watch.

The average price of self-serve regular gasoline in the Los Angeles-Long Beach area is $3.137 per gallon, which is 1.3 cents less than last week, 3.7 cents higher than last month, and nearly 70 cents higher than last year. In San Diego, the price is $3.141, which is 2.1 cents less than last week’s price, 2.4 cents above last month, and 68 cents higher than last year. On the Central Coast, the average price is $3.203, 1.3 cents less than last week, 3.2 cents lower than a month ago, and 68 cents above last year. In the Inland Empire, the average per gallon price is $3.127, which is 1.2 cents less than last week, 2.8 cents more than last month, and 69 cents more than last year.

“California gas prices are beginning to reflect the results of lower oil prices, which was trading at about $74 per barrel today, and high inventories,” said Auto Club spokesperson Jeffrey Spring. “Prices have climbed gradually -- we are about 70 cents higher than the same time last year -- but we haven’t seen the typical springtime spike.”
 
The Weekend Gas Watch monitors the average price of gasoline. As of 1 p.m. on May 13, averages are:
 
Area                   
 Regular
One-week
change
 
Record Price
 
Los Angeles – Long Beach
$3.137
    -1.3 cents
 $4.626 (6/21/08)
 
 
 
 
Orange County
$3.129
     -1.8 cents
 $4.598 (6/19/08)
 
 
 
 
San Diego
$3.141
     -2.1 cents
 $4.630 (6/19/08)
 
 
 
 
Santa Barbara – Santa Maria – Lompoc
$3.203
     -1.3 cents
 $4.709 (6/21/08)
 
 
 
 
Riverside – San  Bernardino
$3.127
     -1.2 cents
 $4.614 (6/22/08)
 
 
 
 
Bakersfield
$3.210
      no change
 $4.591 (6/24/08)
 
 
 
 
Ventura
$3.145
      -1.0 cent
 $4.625 (6/18/08)

Media Contacts

Jeffrey Spring
(714) 885-2333
Spring.Jeffrey@aaa-calif.com